KPS Capital Partners’ portfolio company International Equipment Solutions has acquired, through an indirect wholly owned subsidiary, CWS Industries.    This is the fourth acquisition by IES since its formation. Financial terms of the transaction were not disclosed. KPS formed IES in September 2011 as a platform for investments serving the

Monroe Capital has provided a USD16.5m unitranche facility to support the acquisition of FTJ FundChoice by Seaport Capital Partners. Based in Kentucky, FTJ FundChoice provides technology enabled mutual fund trading platforms to investment advisers nationwide. The company’s Turnkey Asset Management Program and recordkeeping services provide investment advisers with back office

Private equity manager Abraaj Capital has completed the acquisition of Aureos Capital, a private equity fund management group investing in small and mid-cap companies in Asia, Africa and Latin America. Abraaj Capital now has approximately USD7.5bn in assets under management, a presence in over 30 countries and over 150 investments.

Pilot Flying J is to acquire a controlling interest in Maxum Petroleum for cash and Pilot Flying J’s contribution of Western Petroleum into Maxum. Current investors, including Maxum management, Metalmark and Waud, will re-invest in the new venture.   Maxum is one of the largest independent energy logistics companies in

Sandoz has completed its USD1.525bn acquisition of specialty US dermatology company Fougera Pharmaceuticals on a cash and debt free basis. Fougera had net sales of USD 429m in 2011 in the US alone and, combined with Sandoz’s existing generic dermatology franchise, this positions Sandoz as the number one in generic

Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, has partnered with management to complete the acquisition of Mander Portman Woodward from Apollo Global, a subsidiary of Apollo Group.  Based in London, MPW represents LLCP’s first platform investment in Europe. MPW is a provider of private education for students

Actis, the pan-emerging markets private equity firm, and the Government of Rwanda have confirmed the sale of Actis’s interest in Banque Commerciale du Rwanda (BCR) to Kenyan regional bank, I&M Bank, and French and German development finance institutions, Proparco and DEG. Rwanda’s Minister of Finance and Economic Planning, John Rwangombwa